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    Buyers Purchased More Than 1,600 Distressed Condos In South Florida In Year 2018

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan 20, 2019) - More than 400 distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach, according to a new report from Condo Vultures® Realty LLC.

    Based on distressed condo sales of nearly 135 units monthly in the 12 months of 2018, South Florida now has about a three-month supply of REO and shortsale units available for purchase in the tricounty region during the Winter Buying Season, according to the report based on data from the Southeast Florida MLX Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Buyers Purchased Nearly 120 Downtown Fort Lauderdale And Beach Luxury Condos In First 9 Months Of 2018   

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 14, 2019) - Nearly 225 luxury condo units are formally listed for sale at a minimum price of at least $1 million in the Downtown Fort Lauderdale and Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC.

    Based on luxury condo sales of about 13 units monthly in the first nine months of 2018, the Downtown Fort Lauderdale and Beach market now has nearly a 17-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Downtown Fort Lauderdale And Beach Market Landlords Ask $2.11 PSF Monthly For Residential Rental Properties

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 14, 2019) - At least 530 residential rental properties are formally listed for lease in the Downtown Fort Lauderdale and Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC. 

    Based on completed leases of about 218 residential properties monthly in the first nine months of 2018, the Downtown Fort Lauderdale and Beach market now has about a two-month supply of rentals - apartments, condos, efficiencies, multifamily and townhouses - available in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of supply listed for lease suggests a tenant’s advantage and less months typically indicates a landlord’s advantage in the market. 

    At Least 7 Distressed Downtown Fort Lauderdale And Beach Condos Currently Listed For Sale

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 14, 2019) - At least seven distressed condo units - both shortsales and real estate owned (REO) by lenders - are formally listed for sale in the Downtown Fort Lauderdale and Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC.

    Based on distressed condo sales of about two-units monthly in the first nine months of 2018, the Downtown Fort Lauderdale and Beach area now has about a three-month supply of REO and shortsale units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix.

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market.

    Condo Sellers Ask 50% Premium For Downtown Fort Lauderdale And Beach Units

    (This Report Is Powered By Brickell Ventures LP)

    DOWNTOWN MIAMI (Jan. 14, 2019) - Nearly 900 condo units are formally listed for sale in the Downtown Fort Lauderdale and Beach market in the South Florida county of Broward, according to a new report from Condo Vultures® Realty LLC. 

    Based on condo sales of about 117 units monthly in the first nine months of 2018, the Downtown Fort Lauderdale and Beach market now has nearly an eight-month supply of units available for purchase in the tricounty South Florida region of Miami-Dade, Broward and Palm Beach during the Winter Buying Season, according to the report based on data from the Southeast Florida MLS Matrix. 

    A balanced market is generally considered to have about six months of supply. More months of condo supply listed for sale suggests a buyer’s advantage and less months typically indicates a seller’s advantage in the market. 

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